Summary of market trends in the crypto industry in the first half of the year🔻

1. Ether still occupies the dominant position in L1's ecosystem, but Solana's ecosystem is showing strong vitality, and the Bitcoin ecosystem has also entered a stage of revival.

2. In the L2 track, the construction of OP Rollup is still the mainstream trend on the track, of which Base accounts for a quarter.

3. The proportion of start-up companies choosing to enter NFT is significantly decreasing, while the growth of social, Defi and AI tracks is relatively obvious.

4. The percentage of startups coming from the U.S. and Canada is at an all-time low, while the share of startups coming from Asia and Africa is at an all-time high, but even so, North America, Europe, and Asia are still the top three regions.

5. In the entire industry, the number of founders from the top 500 technology companies reached its peak in the 21-year bull market, but currently, they only account for 30% (the highest was close to 50%, a terrible number)

6. In the same stage, the proportion of founders who came from prestigious schools was 26%. Of course, this 26% may also overlap with the above-mentioned proportion of origins in the top 500 companies.

7. About one-tenth of the founders in the industry are entrepreneurs for the second time, which means that about 90% are entrepreneurs for the first time.

8. About three-quarters of the companies in the industry adopt a distributed office approach